Insight - Is it time for reshoring?

Anthony Dass (pic): If we have learnt anything from the coronavirus and swine flu H1N1 epidemic of 2009, it is that we cannot depend heavily on other countries, even close allies, to supply us with the needed items, from face masks to vaccines.

TRADE war and Covid-19 pandemic have exposed the complexity of managing supply chain.

In managing supply chain, it is all about finding the right parts from the right suppliers at the right price and mitigating supply constraint risk through second sources.

And the success of having a good and effective supply-chain management can be viewed as a leading indicator to the success of the country, industry, product and business.